North America Cut Flowers Market Forecast to 2030

North America Cut Flowers Market Forecast to 2030

North America Cut Flowers Market Forecast to 2030 – Regional Analysis – by Flower Type (Rose, Carnation, Lilium, Chrysanthemum and Gerbera, and Others), Application (Home and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores/Florist, Online Retail, and Others)

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Description

The North America cut flowers market is expected to grow from US$ 11,584.61 million in 2022 to US$ 17,168.85 million by 2030. It is estimated to grow at a CAGR of 5.0% from 2022 to 2030.

Increasing Demand for Cut Flowers for Decorative Purposes Fuels North America Cut Flowers Market

Cut flowers are used for decorative purposes. They are used in vase arrangements and bouquets at formal events and informal displays to beautify homes and public places, designs for weddings and funerals, corsages, wreaths, similar ornamental articles, and boutonnieres. The event and wedding planners use various flowers for decoration, bouquets, and centerpieces, creating creative event space. According to the Knot Real Wedding Study, the average investment cost in wedding flowers was US$ 2,400 in 2022. In addition, the surging demand for exotic and seasonal flowers for floral decoration to enhance space aesthetics by event and wedding planners has further contributed to the market growth. Beautiful flowers, with respect to people’s common perception, are often in more demand. Flowers such as roses, orchids, lilies, marigolds, and carnations have high demand during the festive season. Companies such as Karen Roses and Multiflora provide cut flowers for decoration. In addition, businesses and hotels often use floral decoration to create a welcoming and aesthetically pleasing environment for clients and guests. Thus, the surging demand for cut flowers for decorative purposes in various events drives the market growth.

North America Cut Flowers Market Overview

North America holds a significant share of the cut flowers market. The market in North America is segmented into the US, Canada, and Mexico. Many domestic and international players such as Washington Bulb Co., Inc.; Oserian; and Dümmen Orange operate in the cut flowers market in this region. These companies are constantly working toward improving the characteristics and qualities of cut flowers to attract new consumers and widen their consumer base.

The major demand for cut flowers is generated on days such as Valentine’s Day, Mother’s Day, Christmas, and Easter, as people use flowers as gifts to express love and celebrate these special occasions. According to the Society of American Florists, Mother’s Day flowers account for a 26% share of total spending on flowers at shops in the US. Further, Valentine’s Day made up 30% of spending on flowers in 2022. The wedding and event industry also drives the demand for cut flowers. Couples and event planners use cut flowers in decorations, bouquets, and centerpieces. According to the Knot Real Wedding Study, the average amount invested in wedding flowers was US$ 2,400 in 2022.

In North America, cut flowers have gained popularity among consumers as a popular choice for gifting on birthdays, anniversaries, and other personal milestones. In addition, flowers are often used to pay tribute to loved ones during funeral memorial services. The flower subscription services that deliver fresh flowers regularly to subscribers’ homes have gained popularity in the region. Vendors offering these services cater to buyers with trendy floral arrangements.

North America Cut Flowers Market Revenue and Forecast to 2030 (US$ Million)

North America Cut Flowers Market Segmentation

The North America cut flowers market is segmented into flower type, application, distribution channel, and country.

Based on flower type, the North America cut flowers Market is segmented into rose, carnation, lilium, chrysanthemum and gerbera, and others. The rose segment held the largest share of the North America cut flowers market in 2022.

In terms of application, the North America cut flowers Market is bifurcated into home and commercial. The commercial segment held a larger share of the North America cut flowers market in 2022.

By distribution channel, the North America cut flowers market is segmented into supermarkets and hypermarkets, specialty stores/florist, online retail, and others. The specialty stores/florist segment held the largest share of the North America cut flowers market in 2022.

Based on country, the North America cut flowers market is segmented into the US, Canada, and Mexico. The US dominated North America cut flowers market in 2022.

The Queen’s Flowers Corp, Selecta Cut Flowers SAU, Multiflora Corp, Rosebud Ltd, Karen Roses Ltd, Washington Bulb Co Inc, Dummen Orange Holding BV, Esmerlda Farms LLC, and Marginpar BV are some of the leading companies operating in the North America cut flowers market.

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At 5.0% CAGR, North America Cut Flowers Market is Speculated to be Worth US$ 17,168.85 Million by 2030, says the Research Team

According to the Research Team research, the North America cut flowers market was valued at US$ 11,584.61 million in 2022 and is expected to reach US$ 17,168.85 million by 2030, registering a CAGR of 5.0% from 2022 to 2030 . Marketing a farm story to attract customers and surging E-commerce platform for flower delivery are among the critical factor attributed to the North America cut flowers market expansion.

Consumers are willing to pay for products that come with a story. This can be related to products grown by smallholders, locally produced items, or products with special characteristics such as unique colors or longer vase life. Storytelling connects consumers with a product and often justifies a price premium. Products from developing countries can obtain a distinctive position in the market by emphasizing their origins and good agricultural practices. Growing demand for niche products offers opportunities for growers to distinguish themselves. With increasing competition from other gift products, it becomes ever more important to emphasize the unique characteristics of products by providing additional product information through storytelling on the packaging or website. Demand for Fairtrade flowers, for example, is still growing and is expected to keep growing at a higher rate than total market demand. As people become keen on knowing the source of their flowers, marketing a farm story is expected to become a future trend.

On the contrary, stringent regulations associated with cut flowers hampers the growth of North America cut flowers market.

Based on flower type, the North America cut flowers market is segmented into rose, carnation, lilium, chrysanthemum and gerbera, and others. The rose segment held 40.8% share of North America cut flowers market in 2022, amassing US$ 4,732.28 million. It is projected to garner US$ 7,052.31 million by 2030 to expand at 5.1% CAGR during 2022–2030.

In terms of application, the North America cut flowers market is bifurcated into home and commercial. The commercial segment held 79.1% share of North America cut flowers market in 2022, amassing US$ 9,158.92 million. It is projected to garner US$ 13,683.06 million by 2030 to expand at 5.1% CAGR during 2022–2030.

By distribution channel, the North America cut flowers market is segmented into supermarkets and hypermarkets, specialty stores/florist, online retail, and others. The specialty stores/florist segment held 39.5% share of North America cut flowers market in 2022, amassing US$ 4,577.10 million. It is projected to garner US$ 6,643.51 million by 2030 to expand at 4.8% CAGR during 2022–2030.

Based on country, the North America cut flowers market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 81.8% share of North America cut flowers market in 2022. It was assessed at US$ 9,476.73 million in 2022 and is likely to hit US$ 14,054.52 million by 2030, exhibiting a CAGR of 5.0% during 2022–2030.

Key players operating in the North America cut flowers market are The Queen’s Flowers Corp, Selecta Cut Flowers SAU, Multiflora Corp, Rosebud Ltd, Karen Roses Ltd, Washington Bulb Co Inc, Dummen Orange Holding BV, Esmerlda Farms LLC, and Marginpar BV, among others.

In January 2022, Selecta One and Moraglia Breeding jointly announced that the two companies entered a new formal strategic alliance. This strategic partner powerfully strengthens our logistics capability and expertise, including a strong strategy, supply chain, and team management. In May 2023, Marginpar and VBW, a trade association for florists, work together to inspire florists with their products and support their sales.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America cut flowers market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America cut flowers market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the cut flowers market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Cut Flowers Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
5. North America Cut Flowers Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Cut Flowers for Decorative Purposes
5.1.2 Various Health Benefits Associated with Cut Flowers
5.2 Market Restraints
5.2.1 Stringent Regulations Associated with Cut Flowers
5.3 Market Opportunities
5.3.1 Surging E-commerce Platform for Flower Delivery
5.4 Future Trends
5.4.1 Marketing a Farm Story to Attract Customers
5.5 Impact of Drivers and Restraints:
6. Cut Flowers Market – North America Market Analysis
6.1 North America Cut Flowers Market Revenue (US$ Million), 2020 – 2030
6.2 North America Cut Flowers Market Forecast and Analysis
7. North America Cut Flowers Market Analysis – Flower Type
7.1 Rose
7.1.1 Overview
7.1.2 Rose: Market Revenue and Forecast to 2030 (US$ Million)
7.2 Carnation
7.2.1 Overview
7.2.2 Carnation: Market Revenue and Forecast to 2030 (US$ Million)
7.3 Lilium
7.3.1 Overview
7.3.2 Lilium: Market Revenue and Forecast to 2030 (US$ Million)
7.4 Chrysanthemum and Gerbera
7.4.1 Overview
7.4.2 Chrysanthemum and Gerbera: Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Market Revenue and Forecast to 2030 (US$ Million)
8. North America Cut Flowers Market Analysis – Application
8.1 Home
8.1.1 Overview
8.1.2 Home: Market Revenue and Forecast to 2030 (US$ Million)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial: Market Revenue and Forecast to 2030 (US$ Million)
9. North America Cut Flowers Market Analysis – Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets: Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Specialty Store/Florists
9.2.1 Overview
9.2.2 Specialty Store/Florists: Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Market Revenue, and Forecast to 2030 (US$ Million)
10. North America Cut Flowers Market – Country Analysis
10.1 North America Cut Flowers Market Overview
10.1.1 North America Cut Flowers Market, by key Country – Revenue (2022) (US$ Million)
10.1.1.1 North America Cut Flowers Market Breakdown by Country
10.1.1.2 US Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 US Cut Flowers Market Breakdown by Flower Type
10.1.1.2.2 US Cut Flowers Market Breakdown by Application
10.1.1.2.3 US Cut Flowers Market Breakdown by Distribution Channel
10.1.1.3 Canada Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 Canada Cut Flowers Market Breakdown by Flower Type
10.1.1.3.2 Canada Cut Flowers Market Breakdown by Application
10.1.1.3.3 Canada Cut Flowers Market Breakdown by Distribution Channel
10.1.1.4 Mexico Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 Mexico Cut Flowers Market Breakdown by Flower Type
10.1.1.4.2 Mexico Cut Flowers Market Breakdown by Application
10.1.1.4.3 Mexico Cut Flowers Market Breakdown by Distribution Channel
11. Company Profiles
11.1 The Queen’s Flowers Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 Analysis
11.1.6 Key Developments
11.2 Selecta Cut Flowers SAU
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Multiflora Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Rosebud Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Karen Roses Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Washington Bulb Co Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Dummen Orange Holding BV
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Esmeralda Farms LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Marginpar BV
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix

LIST OF TABLES

Table 1.             North America Cut Flowers Market Segmentation
Table 2.             North America Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Table 3.             North America Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Flower Type
Table 4.             North America Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 5.             North America Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 6.             US Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Flower Type
Table 7.             US Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 8.             US Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Distribution Channel
Table 9.             Canada Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Flower Type
Table 10.          Canada Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 11.          Canada Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Distribution Channel
Table 12.          Mexico Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Flower Type
Table 13.          Mexico Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 14.          Mexico Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million) – By Distribution Channel

LIST OF FIGURES

Figure 1.           North America Cut Flowers Market Segmentation, By Country
Figure 2.           Porter’s Five Forces Analysis
Figure 3.           Ecosystem: North America Cut Flowers Market
Figure 4.           North America Cut Flowers Market – Key Industry Dynamics
Figure 5.           Impact Analysis of Drivers and Restraints
Figure 6.           North America Cut Flowers Market Revenue (US$ Million), 2020 – 2030
Figure 7.           North America Cut Flowers Market Share (%) – Flower Type, 2022 and 2030
Figure 8.           Rose: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9.           Carnation: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10.        Lilium: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11.        Chrysanthemum and Gerbera: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12.        Others: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13.        North America Cut Flowers Market Share (%) – Application, 2022 and 2030
Figure 14.        Home: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15.        Commercial: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16.        North America Cut Flowers Market Share (%) –Distribution Channel, 2022 and 2030
Figure 17.        Supermarkets and Hypermarkets: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18.        Specialty Store/Florists: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19.        Online Retail Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20.        Others: Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21.        North America Cut Flowers Market, by key Country – Revenue (2022) (US$ Million)
Figure 22.        North America Cut Flowers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23.        US Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24.        Canada Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25.        Mexico Cut Flowers Market Revenue and Forecasts to 2030 (US$ Million)

The List of Companies – North America Cut Flowers Market

o The Queen’s Flowers Corp
o Selecta Cut Flowers SAU
o Multiflora Corp
o Rosebud Ltd
o Karen Roses Ltd
o Washington Bulb Co Inc
o Dummen Orange Holding BV
o Esmerlda Farms LLC
o Marginpar BV

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